How to get legit free bitcoin

With the increasing popularity of bitcoin and other virtual currencies, more and more people are looking to get on the crypto train.

If you’re not ready to buy Bitcoin with fiat currency or if you’re looking for legitimate ways to earn free bitcoin, then this blog post is for you.

Before we dive into the detail, here’s a quick reminder that there’s no such thing as “free bitcoin” . In most cases, they will ask for something in return, whether it’s your time, your money, your knowledge or even your computer’s processing power.

*For those who’re new to Bitcoin, read this articlefirst.

Without further ado, let’s get started.

Here’re the 10 legit ways to earn free bitcoin in the Cryptosphere.

#1 Best Way to Store Your Bitcoin

This is very important. I’ve said it before, and I’ll say it again. That’s OK.repetition is the mother of mastery.

Once you earn some Bitcoin (BTC), move your BTC to your own wallet.

Make sure you get yourself a Bitcoin hardware wallet like the Ledger or the Trezor that will securely store your bitcoins.

Don’t store your Bitcoin on any crypto exchange or platform any longer than you need to.

Read: 

One of the easiest ways to earn quick bitcoin is by doing micro tasks.

Most of the tasks are pretty simple and suitable for beginners such as fill out survey forms, watch videos and download apps.

But don’t expect to earn a full-time living from doing small jobs.

Anyway, it’s still a great way to earn tiny fractions of bitcoins during your spare time. Plus it pays more than most faucet websites.

(A)Survey Time

Taking surveys online won’t make you rich, but it is one of the easiest ways to earn free bitcoins.

To be frank, I’m not a fan of trading my valuable time for doing menial tasks. But this paid survey site really intrigued me.

Survey Timeis one of my favorite survey platforms for earning free bitcoin online. They’ll pay you for answering quick surveys and simple tasks. Almost all the tasks take less than 5 minute to complete. It’s absolutely an easy and hassle-free way to earn bitcoin online.

For each completed jobs, you’ll get a reward of $1 worth of bitcoin instantly!

Plus, Survey Time has no minimum payout. This means that you can complete a task and convert your money to Bitcoin (via Coinbase) right away.

As far as I know, Survey Timepays the most compared to other platforms.

It lets you work from your phone or laptop, in any country without the need for a bank account!

(b) TimeBucks

If you’re open to answering questions, I recommend you start earning Bitcoin on Timebucks.

It’s completely free for everyone to join.

Simply log in with your Facebook account, no approval needed and you can start earning bitcoins by taking as many surveys as you like.

You can select which survey you’d like to complete, and what your reward will be.

Furthermore, Timebucks also offers many other ways of earning bitcoins such as:

• Posting on TikTok
• Playing games
• Installingfree apps
• Posting on Instagram
• Watching videos

Once you hit the minimum payout of $10, you can withdraw bitcoins to your own wallet.

So how much can you earn with TimeBucks?

For your first day, you can earn up to a maximum of $50 worth of Bitcoin. After that, you can expect to earn between $10-20 worth of Bitcoin daily depends on the task and time spent on the platform.

And the best part is- you can get free $1 when you sign up here.

To earn more bitcoin passively, you can invite your friends and get a percentage of their earning automatically.

But first, you’ll need create a free account and don’t forget toredeem your $1 here.

Also, read my full review on Timebucks to discover more ways to earn free bitcoins.

(C) CinchBucks

Another easy, smart and fast way to earn Bitcoin for free.

CinchBucks is a survey and cashback website that pays you for answering surveys and completing simple tasks.

Earn CB points when you finish a survey, provide your feedback, watch entertaining videos, play games and complete simple offers.

You can then redeem your points for Bitcoin by entering your Bitcoin address.

100 CB points = $1

Simply sign up a free account and complete your basic profile to earn 10 CB pointsfor free. 

(D) Other websites

If you’re looking for more quick jobs, check out websites as below.

(I’ve not tried them yet but they’re totally legitimate microtasks websites.)

Looking for ever more ways to earn free Bitcoin in your spare time?

One of the easiest ways is to Share your opinions for Bitcoin. Check out this guide later… 

7 Best Bitcoin Survey Sites to Earn Free Bitcoin

Bitcoin faucet is a reward website or app that pays visitors in the form of a Satoshi, which is a hundredth of a million BTC (1 satoshi = 0.00000001 bitcoin).

There’re other faucets that give away small amount of alternative cryptocurrencies such as Dogecoin and Litecoin. You can exchange these altcoins into bitcoin using reliable exchange sites like CoinSwitch and Binance.

Usually, there will be a limit on how often you can claim from each website, some faucets give away coins every 5 minutes. Some pay users on a regular basis, it can be hourly, daily, or even weekly. Otherwise, it’s pretty easy to earn some coins by providing your wallet address.

However, the average payout is extremely low. To reduce the transaction fees, you’ll have to save those satoshis in the faucet site before sending the payout to your bitcoin’s address.

With this in mind, faucet sites might not be a great way to earn the infinitesimally small fractions of a full bitcoin. But you can use those few coins to make a test transaction or two before forking out your own money to buy any coins.

If you’re interested in earning bitcoin through faucets, I recommend Free Bitcoin, offering one of the highest paying averages in the market.

How about getting rewards in Bitcoin while shopping online?(A) Lolli

Lolli is a Chrome extension that helps you do just that, allowing you to earn up to 30% for over 1000+ top brands all across the web, with virtually no effort!

To earn Free Bitcoin with Lolli, you just need to follow some simple steps:

1. Install Lolli extensionon your chrome browser.
2. Shop the web, Lolli will pop up to notify you on the percentage of Bitcoin you can earn-back.
3. Buy whatever you’re planning to buy as normal.
4. Earn free Bitcoin when you checkout using Lolli.

For more information on how to earning free bitcoins when you shop, visit this article with all my tips.

(B) BlockFi Bitcoin Rewards Credit Card —​in early 2021

The world’s first Bitcoin Rewards Credit Card is coming soonGet the world’s first credit card that lets you earn bitcoin back with every purchase.

Be the first in line for the BlockFi Bitcoin Rewards Credit Card. With the BlockFi card, you’ll earn 1.5% back in bitcoin on every purchase.

For a limited time, the waitlist will be exclusive to BlockFi clients. Don’t wait–complete your signup and fund your account today, and claim your spot on the list.

This Bitcoin Rewards Credit Card will be available in 2021 to US residents in qualified states.

How to join the waitlist:

1. Visit BlockFi and complete your User Profile within your Account Settings
2. Once you’re approved, make your first deposit
3. Sign up for the BlockFi Bitcoin Rewards Credit Card waitlist. If you’re using the BlockFi mobile app, make sure you’ve updated to the latest app version.

Do note that there’s an annual fee of $200. But it can be offset in the first year thanks to the card’s welcome bonus: earn $250 in bonus bitcoin after spending $3,000 in first 3 months.

The easiest way to get Bitcoin is to buy some bitcoins with your fiat money.

What’s better you can now earn free bitcoin instantly while making a transaction with CoinSwitch.

CoinSwitch is a unique Instant Altcoin Exchange Aggregator, that allows you to exchange between different cryptocurrencies without creating an account on any exchange.

You can now Earn $5 when you complete a transaction of $100 on CoinSwitch here.

What’s particularly great about CoinSwitch is that you can compare and find the best cryptocurrency exchange rates in the market.

You can buy sell, trade over 300 cryptocurrencies, altcoins, tokens like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin(LTC) etc, all in one place.

Here’s how it works:

1. Go to CoinSwitch. 
2. Choose the cryptocurrency you want to exchange, enter the exchange amount and click “View all Offers”.
3. CoinSwitch will automatically show you all the rates across exchanges such as Binance, HUOBI, KuCoin, HitBTC, IDEX, Ethfinex and more.
4. Choose the best offer which gives you the best exchange rate and also consider whether registration is required. (Denoted by “Login not required“)
5. Provide your wallet address to receive the coins.
6. Send your cryptocurrency to their wallet address.
7. That’s it. Now, wait for your coins to arrive in your wallet.

Another genius way to earn free bitcoin is by getting tipped!

Tipping has become more common. If someone like your work or impressed by your service, probably they’re kind enough to give you a tip to show their gratitude.

For example, if you have certain expertise or knowledge in a particular field, you can create a Youtube video, and share your Bitcoin address on the description field. If you own a blog and you write valuable content, simply include your Bitcoin address on your website. 

Well, there’s no harm in trying out this method- all you need to do is share your Bitcoin address. You never who you’ll inspire, help or enlighten.

(A) Earn Bitcoin tips by helping people

If the idea of creating video and writing content doesn’t appeal to you, you still can earn Bitcoin tips by helping people on BitforTip!

As its name suggests, Bitfortip is a platform that gives you Bitcoin tips for being helpful.

It’s a Q&As website where anyone can ask for anything.

Here you’ll find people asking all sort of interesting questions such as “Where can I find the best food in Shinjuku, Tokyo?”, “Help me find the title of this song” etc

By giving the best answer, you’ll get a bitcoin reward of minimum 0.0001 Bitcoin.

You can download apps on App Store and Google Play and earn bitcoins through your phone!

It’s also available in 11 international languages, including English, German, French, Chinese, and Japanese. No matter where you come from, you can earn free bitcoin with Bitfortip.

(B) Earn Free Bitcoin by Live-Streaming Yourself

Like Periscope, SatsHi is a live streaming platform that lets you broadcast video to any viewers who join your live stream. What’s the difference, SatsHi has a built-in Bitcoin tipping system that allows you to earn bitcoin tips.

Go live anytime and anywhere, engage with your audience and get Bitcoin tips! However, this platform is still very new, only a handful of people are using it.

6. Bitcoin Peer-to-Peer Lending

If you already have some bitcoins, you can make your money work for you by lending it out and earn some interest.

Bitcoin is a peer-to-peer payment network, which means it can be transferred from a person to another directly over the Internet. As long as you’re holding your bitcoin on your own wallet, you’re actually carrying a bank with you. That’s the beauty of decentralization.

With traditional banking system, it can take weeks if not months to secure a loan if you’re creditworthy.

So for those individuals, startups or small business owners who struggle to get a loan from a bank to fund their businesses or projects, this bitcoin peer-to-peer lending is a great alternative!

At the same time, it also allows investors or borrowers just like you and me, to earn a higher interest rate of 10% on the loans granted.

YouHodler is one of the most reliable peer-to-peer lending marketplaces that you might want to look into. You can test it out with as little as $100 as your first bitcoin investment. In general, you can expect to earn up to 12% on your return on investment in the form of bitcoins.  Read my full YouHodler review here.

If you think bitcoin lending is what you’re looking for, you should also check out the best 6 Bitcoin Lending sites to earn interest.

IMPORTANT:Due to the unregulated and irreversible nature of the digital currency and transaction, always do your own due diligence before lending someone your hard earned money.

If you have some background and experience with trading, then cryptocurrency trading is perfect for you.

The cliché is buy low, sell high. It’s simple but not easy.

This short-term investment requires lots of time and patience.

Before you become a trader, you have to equip yourself with knowledge about the digital currency, understand the underlying market principles and analyze the market behavior.

Fortunately, you don’t have to trade alone. You can copy successful strategies of top traders on eToro.

All you need to do is choose an expert trader to follow, then copy their trading movements.

No manuals to read, no rules to follow.

When they trade, you trade. You learn by leveraging other traders’ expertise.

Plus, if you’re hesitant to start trading crypto, you can always create an eToro Virtual Portfolio Account, get $100,000 to practise and improve your trading skills. This way you can practice trading and test your strategies without losing any dollar.

Sounds great?

For more information on how to start trading cryptocurrency on eToro, visit this article with all my tips.

Here are few main exchanges where you can start buying and selling digital currencies for profits.

You promote a service or product that you like and when people sign up or make a purchase using your link, you will receive a commission.

If you already run a blog or website, or have a huge following on social media, promoting bitcoin affiliate programs is a great way to make some good passive income!

Here’s how it works:

1. You sign up for a bitcoin affiliate program that you’ve personally used or trust and believe in.
2. Fill up your profile and provide your Bitcoin address (this is where they’ll send your earnings)
3. You will be given a special referral link that will bring visitors directly to their website.
4. Share the link with the world! You can add the link on your blog post, website, invite your email contacts, share it on forums, pin it, tweet it. Get creative.
5. When someone clicks your link and make a purchase, you’ll earn a commission in bitcoin.

To help you get started, here’s some of the popular websites that offer good-paying affiliate programs:

Want to know more about how to refer people and earn Bitcoin? Check out mystep-by-step Bitcoin affiliate marketing guide.

This is probably the best and fastest way to earn a decent amount of bitcoins-offering your freelance services in exchange for payments in bitcoin.

Many startups and websites are sprouting rapidly. From developing new applications for blockchain, launching exchange sites to creating ICOs and crypto-wallets. All these companies are actively looking for talents to help build and scale their businesses.

Whether you’re a writer, translator, Youtuber, copywriter, designer, marketer, developer or engineer, the demand for freelancers is on the rise.

Personally, I’ve used AngelList to hire writers to create website content and I paid Bitcoin for their writing services. If you’re looking to work for a crypto startup or maybe secure long-term employment, then you should at least check out Angel List.

Do note that not all but most of the employers are paying services for Bitcoin. Many of them are Crypto founders so you can contact them directly and discuss the terms further.

Here are some other websites that pay your services for bitcoin:

It’s getting harder and harder to actually make a profit by mining at your home, and thus I put it in the last on this list.

There’s a time when you can do mining by using your personal computer or using a graphics card (GPU-mining).

But Bitcoin mining nowadays requires you to buy specifically designed equipment, so-called ASIC miner.

At the time of writing, for each block mined you’ll get 6.25bitcoin. In the year 2024, it’ll drop to 3.125 BTC.

When bitcoin was introduced in 2009, one could easily earn 50Bitcoin for each block and just last year, miners get to earn 25BTC /block.

If you don’t know what mining is, I recommend you check out this post.

Considering the high setup cost, monthly electricity bills and low rewards, it could probably take years before you can start seeing the returns.

That being said, most of the miners choose to join cloud mining services like Genesis mining. Instead of running your own mining rigs at home, you’re purchasing a package which guarantees you a fixed return in bitcoin.

However, there’re lots of fraudulent and scam companies on the space of cloud mining. Do your own thorough research before investing any contract for lucrative promises.

Learn How to profit from mining cryptocurrencies in the following article.

There you go! I hope this list of best 10 easy ways of earning bitcoin will help you make your first bitcoin in no time!

What’s your favorite way of earning bitcoin online?

Do you have any experience or effective ways to earn bitcoin that I didn’t mention in this post? Do share with us in the comment below.

I am constantly updating this list with new ways to earn Free Bitcoin (that why the number doesn’t match the graphics). Bookmark this page for more awesome tips!

Here’s some helpful articles that you can read next:

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Here’s a list of best resources and tools for your blog! I use them to manage, optimize and grow my blog. I’m sure they’ll help you as much as they’ve helped me